Will “Realty Loan Specialist” be Replaced By Robots? 🤔
97% Chance of Automation
“Realty Loan Specialist” will almost certainly be replaced by robots.
This job is ranked #663 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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Job Description
Operate real estate office, or work for commercial real estate firm, overseeing real estate transactions. Other duties usually include selling real estate or renting properties and arranging loans.
Job Details
- The SOC (Standard Occupational Classification) code is 41-9021.00
- The Mean Annual Wage in the U.S. is $ 79,340.00
- The Mean Hourly Wage is $ 38.00
- Currently, there are 40,850 people on this job
☝️ Information based on the reference occupation “Real Estate Brokers”.
Also Known As…
- Real Estate Brokers
- Supervising Broker
- Realtor
- Real Estate Sales Associate
- Real Estate Broker
- Real Estate Associate
- Managing Broker
- Designated Broker
- Broker Associate
- Broker Assistant
- Broker
- Realty Specialist
- Real Estate Salesperson
- Real Estate Closer
- Licensed Real Estate Broker
- Lease Analyst
- Lease Administration Analyst
- Dealer
- Contract Specialist
- Closing Agent
- Buyer Broker
Tasks for “Realty Loan Specialist”
- Compare a property with similar properties that have recently sold to determine its competitive market price.
- Arrange for title searches of properties being sold.
- Maintain working knowledge of various factors that determine a farm's capacity to produce, such as agricultural variables and proximity to market centers and transportation facilities.
- Supervise agents who handle real estate transactions.
- Give buyers virtual tours of properties in which they are interested, using computers.
- Generate lists of properties for sale, their locations, descriptions, and available financing options, using computers.
- Maintain knowledge of real estate law, local economies, fair housing laws, types of available mortgages, financing options, and government programs.
- Act as an intermediary in negotiations between buyers and sellers over property prices and settlement details and during the closing of sales.
- Arrange for financing of property purchases.
- Rent properties or manage rental properties.
- Review property details to ensure that environmental regulations are met.
- Appraise property values, assessing income potential when relevant.
- Monitor fulfillment of purchase contract terms to ensure that they are handled in a timely manner.
- Sell, for a fee, real estate owned by others.
- Maintain awareness of current income tax regulations, local zoning, building and tax laws, and growth possibilities of the area where a property is located.
- Develop, sell, or lease property used for industry or manufacturing.
- Check work completed by loan officers, attorneys, or other professionals to ensure that it is performed properly.
- Manage or operate real estate offices, handling associated business details.
- Obtain agreements from property owners to place properties for sale with real estate firms.
Related Technology & Tools
- Handheld calculators
- Passenger vehicles
- Desktop computers
- Laptop computers
- Digital cameras
- Digital video cameras
- Measuring tapes
- Computer laser printers
- Photocopying equipment
- Laser facsimile machines
- Personal computers
- Personal digital assistants PDA
- Microsoft Excel
- AMTdirect
- Microsoft Word
- Real Estate Assistant REA
- RealData REIA
- Adobe Systems Adobe Photoshop
- Propertyware
- Lease Cost Solutions LseMod
- Enterprise Software Systems CRE Sync
- Property records databases
- Deep Forest Systems OnCite
- Google Earth Pro
- AppFolio Property Manager
- Microsoft Outlook
- Microsoft PowerPoint
- Domin-8 Enterprise Solutions Tenant Pro
- Showing Suite
- Property Boulevard
- Microsoft Internet Explorer
- Web browser software
- Intuit QuickBooks
- Customer relationship management CRM software
- Microsoft Office
- London Computer Systems Rent Manager
- Yardi Systems Yardi Voyager Commercial
- PropertyBoss Solutions PropertyBoss
- Real estate listing databases
- Visual Lease
- First American CoreLogic RealQuest Pro